Form 4: Sera Prognostics Executive Boniface Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John J. Boniface, Chief Scientific Officer of Sera Prognostics, sold 1,664 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 6, 2024, John J. Boniface, the Chief Scientific Officer of Sera Prognostics, sold 1,664 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- The shares were sold at a weighted average price of $9.02, with individual transactions ranging from $8.78 to $9.45.
- Following the transaction, Boniface directly owns 187,125 shares of Sera Prognostics Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction to cover tax obligations, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates that an executive sold shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the stock sale transaction. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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